Energy

The Energy market is steered by multiple factors such as mandates and regulations, fluctuating oil and gas prices, increasing environmental liabilities, and a growing inclination towards green and sustainable energy sources. The global consumption of energy has grown by leaps and bounds over the last few decades. While conventional energy sources such as coal and oil continue to be in demand, there is also a parallel growing interest in solar and wind energy and biofuels and non-fossil fuels. The demand will tilt towards the latter over the next two decades.

There are several segments within the energy market. These include: the coal sector, energy generation and storage, oil and gas, geothermal and wind energy, energy transmission and distribution, among several others. Moreover, manufacturing and construction, chemicals and materials, and other major markets intersect the energy market, widening the scope of the energy segment exponentially. Electric automobiles, smart grid advances, communication technologies, shale, enhanced oil recovery are garnering considerable interest in the contemporary energy market.

Growing industrialization in the emerging economies of Asia Pacific and Latin America is spurring a heavy demand for fuel and energy in these parts of the world. Estimates state that by 2030, energy consumption by emerging economies will grow by 68%.

As almost all developed and emerging markets are transitioning from or reducing dependence on depleting energy sources such as coal, industries need pin-pointed data and projections about the energy market. ResearchMoz features thousands of market research reports from world-leading publishers that analyze all critical aspects of the ever-evolving energy market.